NEXTracker Overview

  • Founded
  • 2013
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 400
Employees
  • Latest Deal Type
  • Later Stage VC
  • (In Progress)
  • Latest Deal Amount
  • $500M
Latest Deal Amount
  • Investors
  • 1

NEXTracker General Information

Description

Manufacturer of horizontal trackers designed to secure a brighter, cleaner future for generations to come. The company's trackers are advanced single-axis solar trackers for the power plants, enabling users to harvest the sun more efficiently, at lower costs and with more flexibility.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Other Commercial Products
Parent Company
Primary Office
  • 6200 Paseo Padre Parkway
  • San Francisco Bay Area
  • Fremont, CA 94555
  • United States
+1 (510) 000-0000
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NEXTracker Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 02-Feb-2022 $500M 000 In Progress Generating Revenue
7. Secondary Transaction - Private 02-Mar-2022 00000 Completed Generating Revenue
6. Merger/Acquisition 28-Sep-2015 00000 000.00 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 01-Jul-2015 000.00 000.00 00000 Completed Generating Revenue
4. Early Stage VC (Series B) 09-Feb-2015 0000 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 31-Dec-2014 000 000.00 000.00 Completed Startup
2. Debt - General 01-Oct-2014 $7.12M Completed Startup
1. Early Stage VC (Series A) 21-Feb-2014 $7.12M $7.12M 000.00 Completed Startup
To view NEXTracker’s complete valuation and funding history, request access »

NEXTracker Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series C 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.00
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A 9,125,411 $0.001000 8% $1 $1 1x $1 39.97%
To view NEXTracker’s complete cap table history, request access »

NEXTracker Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Manufacturer of horizontal trackers designed to secure a brighter, cleaner future for generations to come. The company's
Alternative Energy Equipment
Fremont, CA
400 As of 2022
000.00
00 0000-00-00
0000000000 0

00000000

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00000000000 000000 000000000
Wallerfing, Germany
00 As of 0000
0000000 0000

00000000

trud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in
00000000000 000000 000000000
Chelmsford, Canada
00.00 0000-00-00
000000&0
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NEXTracker Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ideematec Group Private Equity-Backed Wallerfing, Germany 00 0000000 0000
00000000 00000000 Formerly VC-backed Chelmsford, Canada 000000&0
00000 00000 Corporation Tempe, AZ 0000 00.000 00000000000 00.000
0000000 Formerly VC-backed San Diego, CA 000 00000 00000000000 00000
00000000 Venture Capital-Backed Dresden, Germany 00 00000 000000 - 000 00000
You’re viewing 5 of 15 competitors. Get the full list »

NEXTracker Patents

NEXTracker Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210273602-A1 Systems and methods for split-cell and multi-panel photovoltaic tracking control Pending 01-Mar-2020 000000000
US-10868490-B1 Adjustable clip assembly for solar modules Active 01-Aug-2019 00000000 0
US-20210167719-A1 Adjustable clip assembly for solar modules Pending 01-Aug-2019 000000000
US-20200403559-A1 Expandable splice for a solar power system Pending 18-Jun-2019 000000000
US-20200373878-A1 Actuator systems for solar trackers Pending 24-May-2019 F16H25/2018
To view NEXTracker’s complete patent history, request access »

NEXTracker Executive Team (19)

Name Title Board Seat Contact Info
Daniel Shugar Co-Founder, Chief Executive Officer & Chairman
Bruce Ledesma JD President
Marco Miller Co-Founder & Chief Operating Officer
Mike Mehawich Chief Strategy Officer & Co-Founder
Alexander Au Chief Technology Officer & Co-Founder
You’re viewing 5 of 19 executive team members. Get the full list »

NEXTracker Board Members (8)

Name Representing Role Since
Daniel Shugar NEXTracker Co-Founder, Chief Executive Officer & Chairman 000 0000
Jonathan Coslet TPG Board Member 000 0000
Steven Mandel TPG Board Member 000 0000
You’re viewing 3 of 8 board members. Get the full list »

NEXTracker Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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NEXTracker Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
ClearSky Venture Capital Minority 000 0000 000000 0
DBL Partners Venture Capital Minority 000 0000 000000 0
Flex (Electronics ) Corporation Majority 000 0000 000000 0
NGEN MGT II Venture Capital Minority 000 0000 000000 0
Presidio Partners Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 10 investors. Get the full list »

NEXTracker Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 000 30-Aug-2016 0000000000 Business/Productivity Software 000000 00
To view NEXTracker’s complete acquisitions history, request access »